Long Term Rental Loan
Stabilized Rental Loan - LG283
Stabilized Rental Loan - LG283
Summary of all Guidelines | |
| Loan Types | DSCR Loan |
| Property Types | 2-4 Units |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $10,000,000 |
| Terms | 2 year, 3 year, 4 year, 5 year, 7 year, 10 year, 15 year, 20 year, 25 year, 30 year, 35 year, 40 year |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| General Pricing or Guideline info | - 24+ Months - Property Types: 1-4 family only - Min. Experience: Adequate property management or 3rd party - Purpose: Purchases, Refinance, Cash-out Refinance - Min. DSCR: 1.1x |
| Updated as of | 2023-10-12 |
| Program Code | LG283 |
- 24+ Months
- Property Types: 1-4 family only
- Min. Experience: Adequate property management or 3rd party
- Purpose: Purchases, Refinance, Cash-out Refinance
- Min. DSCR: 1.1x
